The Practice of Casualisation and Outsourcing of Labour in the Banking Sector

Abstract

Over the past few years, the Nigerian labour industry has evolved greatly, with a shift from the standard form of employment to a more flexible pattern. The trajectory of the labour market and its move towards flexibility has rather made the practice in the labour industry complicit and an area which is deserving of attention from all stakeholders. This is due to the gradual slide from the traditional full-time employment to the contracted and outsourced form of employment. This form of employment has gained prominence and recognition, particularly in the banking sector which is the core area of this study. It has introduced an unfair practice of labour in this sector and in the economy of Nigeria at large as against the context of the international labour standards. Casualisation and outsourcing of labour have been identified as a global phenomenon, which has necessitated a comparative analysis of its practice and its legal response in Nigeria to that of other countries, such as the United Kingdom and India. This study examines the legal framework in these countries on casualisation and outsourcing of labour and brings to forbear the factual existence of economic liberalisation and privatisation which are necessary factors for economic development as primary indices of these practices

Scholarly discussion is intended for respectful academic engagement, critique, clarification, and knowledge exchange. Comments are moderated to preserve the integrity of the journal community.

All comments are subject to moderation to preserve scholarly quality and community standards. Do not include confidential peer-review, reviewer identity, private manuscript, or submission information.

Sign in or create an account to participate in the scholarly discussion.